Beauty licensing company Boldface closes $2M financing deal

SANTA MONICA, Calif. — Boldface Group — a celebrity beauty licensing company that focuses on entertainment and designer opportunities in the market, including the "Khroma Beauty by Kourtney, Kim and Khloe Kardashian" brand — closed on $2 million in financing, the company has announced.

"The closing of this private placement is the next major milestone for Boldface after a strong holiday season and our brand introduction to 4,500 doors. This additional capital assures a solid launch into market in the first quarter of 2013 with the core items in its ‘Khroma Beauty by Kourtney, Kim and Khloe Kardashian’ brand," stated Nicole Ostoya, CEO and president.

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